Unless countries can break this cycle, public belief in the recovery will be undermined and labour market inequality will widen, according to a new OECD report.
Higher oil prices and portfolio flows have helped strengthen fiscal and external buffers. The outlook for 2018 remains challenging, as private sector lending remains low and foreign exchange inflows are mostly short-term. Action on a coherent set of policies to… Read More ›
The Executive Board of the International Monetary Fund (IMF) on June 29, 2018, approved the disbursement of US$22.4 million to Benin as the country’s growth is estimated at 5.6 percent, buoyed by record cotton production, and the recovery of the Nigerian economy…. Read More ›
IMF staff welcomes Botswana’s recent announcements of their intention to liberalize visa and work permits’ policies
The IMF and Botswana authorities have discussed recent developments and prospects and focused on policies to increase economic growth and job creation while preserving monetary and financial stability. The team from the International Monetary Fund (IMF) visited Gaborone during May… Read More ›
The extension and augmentation will help anchor macroeconomic stability during the upcoming election period, support reforms focused on revenue mobilization and addressing gaps in essential infrastructure, and help meet balance of payments needs.
“As retail domestic energy prices have remained stable, continued global oil price increases are adversely impacting the budget in 2018…” – IMF
Author Lorenzo Fioramonti Full Professor of Political Economy, University of Pretoria Disclosure statement Lorenzo Fioramonti does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed… Read More ›